Inflation Curaçao 2003

Average inflation: 1.6%

Current Inflation

Inflation is low at 1.6%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in February at 3.4%. The lowest inflation was in December at 0.2%.

Highest month
February: 3.4%
Lowest month
December: 0.2%
Difference
3.2 percentage points
Months with data
12 of 12

Historical Context

Current inflation is around the 5-year average of 1.3%.

5-year average
1.3%
10-year average
1.3%
All-time high (2001)
1.8%
All-time low (2002)
0.4%

Trend

Inflation has remained relatively stable. Compared to 2002, the difference is minimal (+1.2 percentage point).

Change vs. previous year
+1.2 percentage points
Largest monthly swing
March: +4.5 percentage points

ECB Target

Inflation is 0.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2003

Month overview

Month Inflation Difference vs. 2002
January 2.9% +3.6
February 3.4% +4.4
March 3.3% +4.5
April 1.7% +1.5
May 1.9% +2.0
June 1.9% +2.0
July 0.9% 0.0
August 1.1% +0.2
September 1.2% +0.5
October 0.9% -0.1
November 0.3% -1.7
December 0.2% -1.9
Average 1.6%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also